{"id":139474,"date":"2024-10-12T15:00:41","date_gmt":"2024-10-12T12:00:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=139474"},"modified":"2024-10-12T01:35:11","modified_gmt":"2024-10-11T22:35:11","slug":"ripple-chairman-makes-waves-by-donating-1m-in-xrp-to-kamala-harris-campaign","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ripple-chairman-makes-waves-by-donating-1m-in-xrp-to-kamala-harris-campaign\/","title":{"rendered":"Ripple Chairman Makes Waves by Donating $1M in XRP to Kamala Harris Campaign"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/x.com\/EleanorTerrett\/status\/1844780039520276920\" rel=\"nofollow\">donation<\/a> <\/strong>marks a milestone as it\u2019s Harris\u2019s first cryptocurrency contribution and highlights Ripple\u2019s endorsement amid ongoing legal challenges with the SEC.<\/p>\n<p>Larsen\u2019s contribution went to Future Forward USA, a super PAC advocating for Harris\u2019s candidacy in the upcoming election. He also joined 88 other business leaders in endorsing Harris, which includes notable executives from major companies.<\/p>\n<p>This support is particularly noteworthy given the ambiguous regulatory environment surrounding cryptocurrencies. By backing Harris, Ripple distinguishes itself from other firms that tend to favor candidates with a more positive stance toward crypto regulations.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-139471\" href=\"https:\/\/cryptodnes.bg\/en\/neiro-cuts-ties-with-controversial-market-maker-amid-community-scrutiny\/\" title=\"Neiro Cuts Ties with Controversial Market Maker Amid Community Scrutiny\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/10\/neiro-c1v0g29h-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Neiro Cuts Ties with Controversial Market Maker Amid Community Scrutiny<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Additionally, Gene Sperling, a former Ripple board member, has joined Harris\u2019s campaign, enhancing the link between the cryptocurrency company and the candidate. Sperling\u2019s experience in economic policy may signal a focus on financial technology and digital asset regulation if Harris wins.<\/p>\n<p>The backdrop of this support is Ripple\u2019s ongoing legal battle with the SEC, which accuses the firm of selling unregistered securities via <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a><\/strong>. Despite a recent court ruling stating that XRP is not a security, the lawsuit remains unresolved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chris Larsen, the Chairman of Ripple, has made a significant move by donating $1 million in XRP to support Kamala Harris in her presidential campaign.<\/p>\n","protected":false},"author":7,"featured_media":133671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24,22],"tags":[424,223],"coin_category":[],"class_list":["post-139474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-others","tag-crypto","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ripple Chairman Makes Waves by Donating $1M in XRP to Kamala Harris 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